GBPJPY DroppingGBPJPY on the H4 timeframe is showing a clear corrective structure after a strong impulsive move, with price rejecting from a recent swing high and rolling over toward a well-defined demand and liquidity zone that previously acted as a strong institutional reaction area. The current market behavior
British Pound / Japanese Yen
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About British Pound / Japanese Yen
The British Pound (GBP) vs. the Japanese Yen (JPY) is a highly volatile pair. JPY is often used as a funding currency of a trade because it’s historically a low yielding currency. Since UK is one of the larger economies in Europe, the GBPJPY pair can be considered as a proxy for worldwide economic health. On the other hand, this pair performs like a representer for market 'risk-off' moves as the carry trade gets reversed. As a result, GBPJPY is able to develop strong trends that exceed thousands of pips.
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GBP/JPY | Up and down (READ THE CAPTION)By analyzing the hourly chart of GBPJPY, we can see that after yesterday's drop, it didn't go lower than the 212.13 to sweep the liquidity below and by hitting the Feb 2nd NWOG High, it bounced back up and it is being traded at 212.66.
If it holds up above the Feb 6th NDOG, I believe it can go up t
Bullish Ascending Channel with Upside ContinuationThis is a GBP/JPY 1-hour chart showing a strong uptrend inside an ascending channel. Price is making higher highs and higher lows, clearly respecting the channel structure. After a period of range consolidation, the pair broke upward and continued bullish momentum. The Ichimoku Cloud is mostly below
GBPJPY Will Fall From Resistance LevelHello Traders
In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET
today GBPJPY analysis 👆
🟢This Chart includes_ (GBPJPY market update)
🟢What is The Next Opportunity on GBPJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Te
GBP/JPY | Next targets (READ THE CAPTION)GBPJPY has swept the major liquidity pool and then dropped, now being traded at 214.65. I don't expect to go lower that much, I believe it'll go higher relatively soon, considering the Bullish Breaker and the fact that GBPJPY has already hit the Bullish Breaker high.
Targets: 214.67, 214.76, 214.8
GBPJPY | Projection Hit – Longs Risky, Better Short After RebounPrice has reached the area we projected, validating the scenario discussed in the previous analysis.
While the market is reacting from support, this should not be interpreted as a safe invitation to build long positions. In conditions like this, rebounds can easily be temporary and may simply serve
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of GBPJPY is 209.244 JPY — it has decreased by −0.26% in the past 24 hours. See more of GBPJPY rate dynamics on the detailed chart.
The value of the GBPJPY pair is quoted as 1 GBP per x JPY. For example, if the pair is trading at 1.50, it means it takes 1.5 JPY to buy 1 GBP.
The term volatility describes the risk related to the changes in an asset's value. GBPJPY has the volatility rating of 0.80%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPJPY showed a −1.53% fall over the past week, the month change is a −0.82% fall, and over the last year it has increased by 11.37%. Track live rate changes on the GBPJPY chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
GBPJPY is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade GBPJPY right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with GBPJPY technical analysis. The technical rating for the pair is sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the GBPJPY shows the buy signal, and 1 month rating is buy. See more of GBPJPY technicals for a more comprehensive analysis.









